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Property profile & analytics
FOR LEASE
Office buildings
3040 Williams Dr Fairfax, VA 22031
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1322131
For Lease
1 / 2
$38,195,000
3040 Williams Dr, Fairfax, VA 22031
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
STEEL FRAME
Total area
132,000 SF
Lot
3.03 ac (132,000 SF)
Zoning code
C-3(OFFICE)
APN
049-3-22-0004-A
UPID
US87-1322131
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cafe K Restaurant
-
Dr. Barry Ekdom Physician
-
Nicole Hashemian Physician
-
Next Level Investigations Law Firm Security Service
-
Oulmas Paris Aesthetics Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$41.01M
Comparable Approach
Comparable
$37.69M
Blend (final)
Blend
$38.20M
Owner & transaction history
Mah 3040 Williams LLC · 5 yrs held
Mah 3040 Williams LLC
since 2020
Last sale
$39.0M
2 recorded transactions
Zoning & alternative use
C-3(OFFICE) · Fairfax, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$60.0M
+5.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fairfax submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfax submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$37,100,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$44,420,000
6.5%
$41,005,000
7%
$38,075,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$57,065,000
Current use
COMMERCIAL (GENERAL)
$59,955,000
Change: +5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$48,665,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$38.20M
Range $34.38M – $42.01M · ±10% · vs last sale $39.00M (Dec 22 2020)
Last sale anchor
$39.00M
Dec 22 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$289 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$258,811
Tax year 2024
Assessed value
$20,164,490
Assessed 2024
Previous assessed
$22,955,050
-12.2% YoY
Effective rate
1.28%
On assessed value
Assessed land
$3,828,000
Assessed improvement
$16,336,490
Land market value
$3,828,000
Improvement market value
$16,336,490
Total market value
$20,164,490
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1988
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
6
Total area
132,000 SF
Lot
3.03 ac (132,000 SF)
Zoning code
C-3(OFFICE)
APN
049-3-22-0004-A
UPID
US87-1322131
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C-3(OFFICE) · Fairfax, VA
Zoning C-3(OFFICE) · permitted uses
C-3(OFFICE) · Fairfax, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfax. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$57.1M
COMMERCIAL (GENERAL)
Est. value
$60.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$48.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
6
Lot
3.03 ac
Current owner
From public records · entity-resolved
Mah 3040 Williams LLC
Entity
Mailing address
4350 EW HWY STE #500, BETHESDA, MD 20814-4426
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2020
$39,000,000
Mah 3040 Williams LLC
Tr Williams Plaza LLC
Special Warranty Deed
$37,590,000 · Bbva USA
Sep 19, 2006
—
Tr Williams Plaza Lc
Teachers Retirement System
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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